The latest part of the Biden Administration's student loan relief effort is an income-driven repayment (IDR) plan known as the SAVE Plan. In this video, I'll explain how the SAVE Plan could lower your student loan payments, make loan forgiveness easier, and more.
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The newest income-driven repayment plan could save you money and make paying your loans easier.
About the Author
Matt Frankel, CFP, is a contributing Motley Fool Personal Finance Expert and Stock Market Analyst covering financial and real estate sectors, plus personal finance. Prior to The Motley Fool, Matt was a high school and collegiate mathematics instructor. He holds a B.S. in Physics from University of South Carolina, an M.S. in Mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. Fun fact: Matt won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act.
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